21 Mary Street, Googong, NSW 2620
AUCTION
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Open Saturday 19 September 9:30 am Auction Saturday 19 September 10:00 amOriginally part of a vast sheep grazing property, the area was identified for urban development to support the growth of the Queanbeyan-Palerang region. Construction of the first residential precinct, Googong North, commenced in 2012 as a joint venture between Mirvac and Peet.
A vibrant, self-contained township designed with sustainability and community interaction at its core, featuring extensive parklands and modern infrastructure.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Googong represents the primary growth corridor for the Queanbeyan region. It offers a 'new-build' lifestyle that is often more affordable than equivalent modern suburbs within the ACT, while maintaining high standards of urban design.
$920k – $1.55m
$620k – $780k
12-month movement
Current asking rents
Prices have stabilized following the post-pandemic surge. The market is now driven by genuine owner-occupiers rather than speculative investors, leading to more sustainable long-term value.
Price comparison
Median price ÷ median income
Estimated rental yield
While more expensive than older Queanbeyan suburbs, Googong offers superior value-for-money in terms of house size and land quality compared to new ACT suburbs like Denman Prospect.
Lower = tighter market
Avg time on market
Annual rental increase
Young professional families and defense personnel relocating to the region.
Steady rental income with low vacancy. Capital growth is tied to the completion of major town center amenities which will enhance desirability.
Moderate, steady growth expected as the suburb matures and the town center becomes a regional hub. It will likely outperform older regional suburbs but may track slightly behind high-demand ACT inner-south areas.
vs last 12 months
Relative comparison
Safety is a major drawcard here. Check local community social media groups for reports of opportunistic car theft, which is the most common minor issue.
The primary environmental risk is bushfire due to the surrounding grasslands and hilly terrain. Financial risks are centered on high household debt levels among young residents.
Low risk; the suburb is elevated and designed with modern stormwater management.
High risk for properties on the urban fringe; strict building codes (BAL) apply.
Premiums may be higher for homes in high BAL zones; buyers should obtain quotes during due diligence.
Bushfire Prone Land, Biodiversity Values Map
Googong Central (Town Centre) and the southern residential stages.
The master plan is strictly controlled by the Queanbeyan-Palerang Regional Council and the developers, ensuring a consistent aesthetic and preventing ad-hoc high-density development.
Heavily reliant on Old Cooma Road and Monaro Highway; public bus services are limited.
Excellent; includes a supermarket, cafes, gym, and the 'Cannons' swimming center.
Outstanding; numerous playgrounds, dog parks, and the Beltana Park precinct.
High quality; Googong Public School and The Anglican School are highly regarded.
Local GP and pharmacy available; major hospitals are 15-20 mins away in Queanbeyan and Canberra.
A highly educated, high-income demographic consisting largely of young families and couples working in the public service.
The young demographic ensures long-term demand for schools and childcare, while high incomes support local retail and property price stability.
The focus is currently on the 'Googong Central' precinct, which will serve as the commercial heart of the suburb.
Residents are overwhelmingly positive about the 'village feel' and safety, though many express frustration with the commute and the slow rollout of the main shopping center.
The best place to raise kids; they can actually play in the street and the parks are world-class.
The drive to Canberra is getting longer every year as more people move in. We desperately need better roads.
Love our energy-efficient home and the recycled water system is a great bonus for the garden.
It's peaceful and clean, though I wish the main shops were finished sooner.
Never had a problem finding good tenants, mostly young families waiting for their own builds to finish.
The Anglican school is fantastic and having it within walking distance is a game changer.
Position the property as a 'turn-key' lifestyle solution that avoids the stress and rising costs of building new. Emphasize the established community feel compared to the newer, dustier stages.
Strong for long-term hold due to high-quality tenant pool and consistent regional growth.
High supply of new land can cap short-term capital growth; high entry price limits yield.
Modern, clean, safe, and close to excellent parks.
Limited public transport and distance from major nightlife/entertainment hubs.
NSW smoke alarm and swimming pool (if applicable) compliance is mandatory. Ensure the property meets the latest minimum ceiling insulation standards.
The '15-minute city' lifestyle where kids can walk to school and parents can walk to the gym and shops.
ACT-based public servants (APS 5-EL2) with 2+ children seeking a safe, modern environment.
This report is based on data available as of March 2026 and is intended for informational purposes only. It does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with professional advisors before making any property purchase.
AUCTION
4 2 2
Open Saturday 19 September 9:30 am Auction Saturday 19 September 10:00 am
Auction - 19/09/2026
5 4 2
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